What Advisors Should Do When Your Broker-Dealer Sells (Ep. 18)
Nov 21, 2025
Carmine Corino
When your independent broker-dealer sells, it can change everything about how you serve clients and run your business.
In this episode, Daren Blonski and Carmine Corino break down what happens when your firm sells or changes direction and what you can do about it. From evaluating alignment and fiduciary responsibility to exploring independence, they share hard truths about how these transitions impact advisors and their clients.
They discuss:
How advisors should assess whether to stay with a sold firm, move to another, or go independent
Why private equity ownership often creates misalignment between advisors, clients, and shareholders
How the concept of fiduciary duty gets distorted within broker-dealers
The consequences of compliance and “selling away” rules that protect firms, not clients
Why true independence may be the only way to gain long-term alignment and control
And more!
